Viral Kiva video

A Fistful Of Dollars: The Story of a Loan from Kieran Ball.

The video was made by Kiva fellow (volunteer) Kieran Ball, who worked for Kiva in Cambodia. It explains the transfer of the money for a Kiva loan from a lender in London to a borrower in Cambodia.

This is a great example how many people can be reached over the internet with a well made video in a short time. Online since only 8 days the video has been watched over 32,000 times and was embedded in many websites (at least 50).

Kiva growth send a newsletter to lenders yesterday with current numbers:

  • Over 16 million US$ in loans funded
  • Average Kiva loan funds in 1.01 days
  • More then 170,000 lenders
  • 25,000 entrepreneurs received a loan

Kiva has grown a widespread group of supporters, ranging from Kiva Fellows over company supporters to a lively community discussing at Kiva Friends or contributing at Kivapedia.

KivaTV is showing a mix of promotional, educational and informational video clips.

Kiva still maintains a low default rate, which currently is 0.2%. The 20 Kiva loans I myself have invested in are all repaying on time.